AI in Middle East banking could add 13.6% to GDP by 2030, reveals report
Banks across the Middle East are fast-tracking their artificial intelligence (AI) adoption, setting the stage for a transformative impact on…
FinTech
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Standard Chartered and OKX launch world-leading collateral mirroring programme
Standard Chartered and OKX have announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to utilise…
Taurus Unveils First Interbank Digital Asset Network
Taurus has unveiled the first interbank digital asset network. Takeaway Points Taurus has unveiled the first interbank digital asset…
Turkey's Sipay raises $78 million
Turkish emebedded finance fintech Sipay has raised $78 million at a valuation of $875 million. The round was led…
Capgemini to establish AI Center of Excellence in Egypt to accelerate AI-driven innovation for global clients
Capgemini has announced it will establish an AI Center of Excellence (CoE) in Egypt focused on accelerating the generative and…
The Central Bank of the UAE awards tap payments a full payment services license
Tap Payments has been awarded a Retail Payment Services License by the Central Bank of the UAE (CBUAE), completing its…
Kaspersky uncovers advanced Triada trojan preinstalled on counterfeit smartphones
Kaspersky has uncovered a new, sophisticated version of the Triada Trojan preinstalled on counterfeit Android smartphones allegedly sold through unauthorized…
Qatar offers strong consumer, enterprise demand for tech solutions
Qatar is based on a strategic assessment of market opportunities and the country provides access to the broader GCC market,…
Al-Ahli Bank of Kuwait swaps Misys’ Equation core banking system for Infosys Finacle
Al-Ahli Bank of Kuwait (ABK) has gone live with a new core banking system at its two branches in the…
Bringing digital innovation & entrepreneurship to SME banking
A leader in banking for small and medium enterprises (SMEs), Boubyan Bank offers one-stop-shop financial solutions for SMEs, from startups…
Presight, Microsoft to nurture next generation of AI startups
Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft…
Middle Eastern Banks Could drastically cut risk and compliance costs through technology, says Finastra
Amid increasing regulatory complexities and global market uncertainties, banks in the Middle East could significantly reduce their risk and compliance…